User Account

All Pages

Find the present value of annuity on basis of interest rate

Assignment Help Financial Accounting
Reference no: EM132661438

Problem 1: An annuity is payable in arrear for 20 years. The first payment is of amount $8000 and the amount of each subsequence payment decreases by $300 each year. Find the present value of the annuity on the basis of an interest rate of 5% per annum.

 

Reference no: EM132661438

Questions Cloud

What was the cost of goods manufactured for first quarter : The gross margin for Cushing Company for the first quarter of last year. What was the cost of goods manufactured for the first quarter?
Compute the gross profit and the net profit : Compute the gross profit and the net profit of the call option and of the put option on Jan. 16th under Scenario A
What must be the total for direct labour : Assuming a beginning inventory of raw materials of $8,000 and an ending inventory of raw materials of $6,000, what must be the total for direct labour?
Find standard normal distribution as a substitute : When, if ever, is it appropriate to use the standard normal distribution as a substitute for the t distribution with n - 1 degrees
Find the present value of annuity on basis of interest rate : amount of each subsequence payment decreases by $300 each year. Find the present value of the annuity on the basis of an interest rate of 5% per annum.
Summarize the major security risks : Choose one of the following cloud services categories: SaaS, IaaS, PaaS. Do some Internet research that focuses the security issues associated with the selected
Plot the breaking even points : The equations for hand soap and laundry soap is as follows:(i) TC = 12+2Q (ii) TC = 0.3Q3- 2 15Q+ 25Q
What are the pros and cons of the basic and premium savings : Does it look like it is optimised to prepare Brad for the future/retirement and is it best preparing him to buy a house in the next 5-10 years?
What is the marginal propensity to import : If an economy's real gap increases from 100 billion to 150 billion and at the same time its imports increase from 40 billion

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd